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    401 Old Virginia Rd Pocomoke City, MD 21851

    For Sale
    $490,000

    Spacious, revitalized mixed-use building with development potential on corner lot.

    Lot size:
    0.32 Acres

    Property Features for 401 Old Virginia Rd

    General Information

    Lot size
    0.32 Acres

    Building Details

    Year built
    1940

    Source: Long & Foster Real Estate, Inc. Agent Meghan Oliver Clarkson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Revitalized Mixed-Use Building in Pocomoke

    Located at the corner of Old Virginia Rd and Market St in Pocomoke City, this commercial property offers over 5,300 sq ft of space. The building has been extensively revitalized with new wiring and plumbing. The property's layout is versatile, making it suitable for various uses, including an antique store, convenience store, body shop, salon, or a multi-unit dwelling. A second-story apartment features three bedrooms and one bathroom, suitable for on-site living or rental income. A large storage area offers the potential to be transformed into another apartment or workspace. The property is situated on a sizeable corner lot, offering significant development potential. The antique business could convey in a separate transaction.
    Location Intelligence

    Current Use by Public Records

    Black Water Relics Antique Store

    Suggested Use

    Restaurant Realty agency Building Supply Hair Salon Wholesale Shop Nail Salon Hotel & Motel Department Store Kitchen & Bath HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pocomoke City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.541953
    Latitude
    38.035171

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    FAQs

    What type of property is this?
    Storefront property - Spacious, revitalized mixed-use building with development potential on corner lot.
    Where is this storefront property located?
    The property is located at 401 Old Virginia Rd Pocomoke City, MD.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: - Extensively revitalized with new wiring and plumbing.; - Spacious over 5,300 sq ft building on a sizeable corner lot.; - Versatile layout suitable for various uses (store, shop, salon, dwelling).
    (757) 894-0798
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 Old Virginia Rd Pocomoke City, MD 21851
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